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Altisource Portfolio Solutions S a   (NASDAQ: ASPS)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $0.6911 $0.01 1.782%
Day's High: $0.7182 Week Perf: -14.12 %
Day's Low: $ 0.67 30 Day Perf: -5.35 %
Volume (M): 98 52 Wk High: $ 2.11
Volume (M$): $ 67 52 Wk Avg: $1.18
Open: $0.67 52 Wk Low: $0.43



 Market Capitalization (Millions $) 20
 Shares Outstanding (Millions) 29
 Employees 3,800
 Revenues (TTM) (Millions $) 152
 Net Income (TTM) (Millions $) -40
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 0

Altisource Portfolio Solutions S A
Altisource Portfolio Solutions S.A. is a provider of innovative solutions and services that aim to optimize the real estate and mortgage lifecycle, from purchasing and origination to servicing and asset management. The company has a global presence, with operations in North America, Europe, and Asia, and serves a wide range of clients, including large financial institutions, government agencies, investors, and real estate professionals.

Altisource offers a comprehensive suite of solutions and services that cover the entire spectrum of the real estate and mortgage value chain. These include asset management and disposition, mortgage origination and servicing, property inspection and preservation, data analytics and business intelligence, and technology-enabled solutions that support real estate transactions.

One of Altisource's most prominent offerings is its property inspection and preservation service. This service provides lenders with a reliable and cost-effective way to manage their properties by conducting regular inspections, performing necessary repairs, and ensuring that the property is in good condition. Altisource's asset management and disposition services are also noteworthy, as they help investors and lenders manage their distressed and non-performing assets, develop strategies for asset recovery, and optimize returns on investment.

Altisource also provides a wide range of technology-enabled solutions that help streamline and automate various real estate and mortgage processes. These include loan origination and servicing software, digital closing platforms, online auction platforms, and real estate marketplaces that connect buyers and sellers. The company's data analytics and business intelligence services provide clients with actionable insights that help them make informed decisions and improve their business outcomes.

Altisource has a strong track record of delivering results for its clients, thanks to its deep industry expertise, extensive network of partners and service providers, and innovative approach to solving complex real estate and mortgage challenges. The company is committed to delivering value to its clients and shareholders, and continues to invest in innovation and technology to stay ahead of the curve in a rapidly changing real estate and mortgage landscape.


   Company Address: 33, Boulevard Prince Henri Luxembourg 0
   Company Phone Number: 2060 2055   Stock Exchange / Ticker: NASDAQ ASPS


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ARI   -1.9%    
BXMT   -3.8%    
NYMT   -3.2%    
STWD   -0.94%    
TWO   -2.6%    
• View Complete Report
   



Product Service News

Navigating Success in Lending Celebrating a Legacy and Steering Toward Profitable Horizons

Published Mon, Mar 3 2025 6:44 PM UTC

In the dynamic landscape of the lending industry, innovation and adaptability remain cornerstone ambitions, guiding successful enterprises toward sustained growth and profitability. As we stand on the precipice of 2024, two stories underline the evolving narrative of this space: the celebration of achievement and strategic evolution. Lenders One, marking its 25th anniversary...

Stock Market Announcement

Altisource Advancing Stakeholder Value with Proposed Warrant Distribution Amid Financial Realignment

Published Tue, Feb 4 2025 9:02 PM UTC

In a move designed to enhance stakeholder value and secure financial stability, Altisource Portfolio Solutions S.A. (Nasdaq: ASPS) has announced a proposed distribution of transferable warrants to its stakeholders. The warrants would be distributed to holders of Altisource s common stock, restricted share units (RSUs), and outstanding warrants as of 5:00 p.m. New York City t...

Shares

Altisource Portfolio Solutions: A Strategic Move Towards Financial Restructuring with Potential Stakeholder Upside

Published Thu, Jan 16 2025 4:01 PM UTC

In a significant development for Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), the company has announced key anticipations and actions surrounding its upcoming debt exchange transaction. This move could potentially alter the landscape for Altisource?s stakeholders and provide a pathway towards financial stability. Key Facts from the Announcement1. Record Date for Stak...

Altisource Portfolio Solutions S A

Altisource Portfolio Solutions Sees Disappearing Deficit: A Remarkable Turnaround by June 30, 2024!

Altisource Portfolio Solutions Reports Improved Financial Performance Amid Industry Challenges
nLUXEMBOURG, July 25, 2024n ? Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) announced its financial results for the second quarter of 2024, revealing preliminary signs of recovery with positive growth in revenue and a reduced net loss compared to the same period last year.
As of June 30, 2024, the company reported earnings per share (EPS) of -$0.29, representing an improvement from the -$0.33 recorded in the previous fiscal year. Revenue surged 9.88% to $38.72 million from $35.24 million, significantly outpacing the overall growth rate of 3.85% in the Professional Services industry during the same timeframe.
Despite the revenue growth, Altisource continues to operate at a net loss, reporting a deficit of $8.272 million, although this marks a substantial improvement from the $18.837 million loss reported for the same quarter last year.
These results reflect our commitment to improving operational efficiencies and our capacity to adapt within a competitive market, said a company spokesperson. ?We are particularly encouraged by our top-line growth, which illustrates our ability to outperform our industry peers.?
In a move aimed at enhancing customer service and increasing market footprint, Altisource recently expanded its offerings through Lenders One, an initiative that aims to streamline the insurance acquisition process for borrowers. The newly launched L1 Insurance platform promises to revolutionize how homeowners and automobile insurance is obtained, providing a simplified experience for securing competitive quotes from multiple providers. This initiative is part of Altisource?s broader strategy to diversify its service offerings and meet the evolving needs of its clients in the real estate and mortgage sectors.

Product Service News

Lenders One's L1 Insurance: Augmenting Insurance Acquisition for Borrowers and Lenders

Published Wed, May 22 2024 12:00 PM UTC

Lenders One Revolutionizes the Insurance Market with L1 Insurance: Enhancing Borrowers Access to Homeowners and Automobile InsuranceIn an exciting development, Lenders One recently announced the launch of L1 Insurance, a groundbreaking platform that aims to transform the way homeowners and automobile insurance is obtained. Lenders One, a national alliance of independent mor...







Altisource Portfolio Solutions S A's Segments
Revenue recognized when services are performed or assets are sold    87.65 % of total Revenue
Revenue related to technology platforms and professional services    7.71 % of total Revenue
Servicer and Real Estate    81.23 % of total Revenue
Servicer and Real Estate Revenue recognized when services are performed or assets are sold    68.55 % of total Revenue
Servicer and Real Estate Revenue related to technology platforms and professional services    7.29 % of total Revenue
Origination    19.92 % of total Revenue
Origination Revenue recognized when services are performed or assets are sold    19.1 % of total Revenue
Origination Revenue related to technology platforms and professional services    0.42 % of total Revenue
Corporate and Others    4.09 % of total Revenue





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